Currency Canada Latest Information

Currency Canada Latest Information

Canada to issue global bond this week
OTTAWA (Reuters) - Canada plans to issue a U.S. dollar bond later this week to provide funds to supplement and diversify the country's foreign exchange reserves and to meet foreign currency requirements, Finance Minister Jim Flaherty said on Monday. The issue will be "subject to market conditions", Flaherty said in a statement. No further details were provided. The issue is expected to be a five ...

Canadian Currency Advances Against Most Major Counterparts Amid Haven Bid
Canada’s dollar fluctuated versus its U.S. counterpart and climbed against most of its other major peers as sparring over a second bailout for Greece spurred demand for safety.

Currency Trade at a Record $977 Billion a Day in North America, Fed Says
Foreign-exchange trading in North America rose to a record $977 billion a day in October, while slowing in the U.K., Australia and Singapore, according to central bank surveys.

Canadian Currency Strengthens to Parity for the First Time in Three Months
Canada’s dollar rallied to parity with its U.S. counterpart for the first time in almost three months as commodities rose after the Federal Reserve pledged to extend its freeze on U.S. borrowing costs.

Canada’s Dollar Pares Decline as Greek Leaders to Meet on Bailout Measures
The Canadian dollar pared losses after a Greek government official said work is under way on the final draft of a document listing measures required to receive international funding.

Canadian Currency Strengthens for a Third Week as Commodities Climb on Fed
Canada’s dollar strengthened for a third week against its U.S. counterpart, its longest winning streak in three months, as commodities gained after the Federal Reserve pledged to extend its freeze on U.S. interest rates.

Canadian Currency Falls From Three-Month High After U.S. Confidence Sinks
Canada’s dollar fell from a three- month high versus its American counterpart after consumer confidence unexpectedly dropped in the U.S., the nation’s biggest trade partner.

Canadian Currency Advances to Strongest Since October After Fed Statement
Canada’s dollar gained to the strongest in almost three months after U.S. policy makers said their key interest rate will stay at almost zero until at least late 2014, boosting the attraction of Canada’s 1 percent rate.

Canada’s Harper Begins China Visit Seeking to Deepen Trade Ties
Prime Minister Stephen Harper begins the official part of his second visit to China in just over two years today as Canada seeks to deepen energy ties and win business for companies such as Manulife Financial Corp.

Canada's Jobless Rate Rises to Nine-Month High 7.6% in January
Canada’s unemployment rate rose to a nine-month high in January as the trend of sluggish job creation that began in the second half of last year continued.

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